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Fed Holds Rates Steady as Inflation Keeps Hitting Wallets

Fed Holds Rates Steady as Inflation Keeps Hitting Wallets

Episode 2646 Published 2 weeks ago
Description

The Federal Reserve voted 9-3 to keep its benchmark interest rate unchanged as inflation remains above its 2% target. While the Fed says the economy remains strong, many Americans continue to struggle with high prices for everyday necessities.

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